Question : What are the major sources of human capital in a country? A: Investment in education B: Investment in health
Option 1: Only A correct
Option 2: Only B correct
Option 3: Both of the above
Option 4: None of the above
Correct Answer: Both of the above
Solution : Education and health are regarded as critical inputs for a country's development. A more educated person has more skills and knowledge, and thus more opportunities to work and earn a higher income. Similarly, a healthy person is a national asset because he is more productive than a sick person. As a result, education and health spending are important sources of human capital formation. Hence option c is the correct answer.
Question : Which of the following statement is true? A: High level of human capital leads to growth of income. B: Higher income leads to the development of a high level of human capital and vice-versa.
Question : Which of the following statement is true? A: Indian Council for Medical Research is responsible for the promotion of health and family welfare programs. B: Improper planning for human capital formation has resulted in a shortage of manpower in the health and
Question : Which type of capital is completely mobile between countries?
Question : Elasticity is quantified by A: Geometrical Method B: Arithmetical Method
Question : Does human capital view health and education as ways to increase?
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